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money into the economy? they let us know the exit plan for all of this. melissa: taxpayer outrage, bankrupt city in california paying out a million dollars in pay raises. they are bankrupt. lori: and paying races? crazy town. fedex says more customers are taking a less expensive option and it is hitting the bottom line. melissa: the cyber threat hit by online hackers putting financial firms here on high alert. but first, time for stocks now. nicole petallides is standing by. stocks posted solid gains ahead of the fed decision. nicole: that is right. everybody focused on the fed about an hour away from now. very accommodated if fed, and we're watching a market hitting new all-time highs in the dow jones industrial. of almost 56 points at the moment showing you some names that hit some highs today including nativ united technolo. hitting the highest levels we've ever seen for those names and we cannot leave out verizon. the highest levels we'v we haven in over 11 years. so while the shareholders have been enjoying great dividends, they can now also note multi-year highs as well. as
and teach you. so call me at 1-800-743-cnbc. i got two of them here. you've got the good economy. tremendous housing numbers, miraculous retail sales, terrific oil and gas markets. you have the bad economy. weakening commodity prices. slow commercial real estate business. really bad world commerce outlook. real soft information technology sales. you mix them all up together and you get the absolute perfect environment for the fed reserve to stay stock market friendly. that's exactly what happened today. ben bernanke allowed the averages to power higher. dow gained 56 points. the s&p rising today, nasdaq jumping .78%. it's not sleight of hand or alchemy at work here, despite what critics say when they constantly slam the fed. >> boo! >> bernanke is not playing a game of move the stock market higher by simply continuing to keep the competition from bonds incredibly weak. he's got a real good reason for doing what he's doing, which is staying the course, keeping rates low. that reason? 1937. see, ben bernanke is a rigorous guy. he's a professor and a genuine scholar of american financial histor
this. gallup, fox news, rasmussen, after the economy, the number two concern to the people is the debt. i think there is a growing sense that government spending and government debt at these levels, it does act as a huge drag on the economy. connell: what we have been saying here, unless the interest rates start to go up, you can pull people and they can say whatever they want. their behavior will not change unless you see a spike in interest rates. >> it will be hard to get a spike in interest rates with the fed flooding the system with liquidity. the whole world is on painkillers right now. we have become addicted to liquidity, easy solutions and until the fed start to bring it in and interest rates go up, i do not see a change. dagen: do the people who are still buying taxable debt, you start to see money flowing back into u.s. stock. you see billions every week into world stock. >> i think we are somewhere close to the end of a bond bubble. for the third time in 60 years, we are looking at ten year treasury rates below inflation. that is, obviously, not a way to build over time. we
food assistance to kids in this country and funding for r&d will drive our economy, but we can't appropriate a sum of money to fix the real cost of iraq. can't pay back the lives of 4,486 american men and women who have died there or the roughly 2,000 broken soldiers who came home and took their own lives. the wounded, physically and mentally, the soldiers who didn't know how not to be a soldier, the families living with a hole in their hearts and the families living with someone they no longer recognize. 10 years leaving their families, living in hell, coming home to unemployment and the homelessness, to a country that's forgotten that it's at war at all, to a country that seems to think a yellow ribbon magnet on their bumper is the only kind of support that oir troops need and the cost in iraq, untold deaths. let me rephrase that. unknown deaths. we can only guess at the destruction that we have left in our wake. 115,000 iraqis, 600,000, you can find the number, what was the long-term impact of that on the environment, the water and health? what happens when someone lives in
the to and improving global economy. everybody has thought, oh, europe is getting better. and the reason that they have is those credit spreads have gotten better. the european central bank have pushed those credit spreads down. the thesis has been that the global economy is getting better, but it's not getting were the. all of the economies in europe are deteriorating. japan is deteriorating. our market's moving higher because of money printing. once that -- once we get a spillover effect, some sort of a watershed moment in europe, you're going to want to take your assets off the table. >> well, that's a good point, but at this point, eric marshall, do you want to be takingoney off the table now? and if so, where do you put it? >> well, i think the important thing here, you know, stocks have been moving up over the last few months, really in response to improving corporate earnings. so i think you really have to focus on individual company fundamentals. and at the hodges fund, we really see this as the golden age for active portfolio management. you know, over the last few years, investors have really
their economy. based on ant was institutions,ree the commission, the ec be, and the imf. the commission has been working hard for many months to facilitate a sustainable i recallto help cyprus i raised the issue of financial results -- assistance program novemberirst time in 2011 with the finance minister of cyprus because of concerns about the sustainability and financial stability. been a particularly complex process in the most challenging of circumstances. already last week, we found ourselves in a situation where there were no optimal solutions ,vailable, only hard choices and that has been even more true in recent days. lagarde said the deal would restore trust in cyprus and banking system. >> it has been a laborious and could result. i would also like to salute the courage of the separate authorities -- the cypriot authorities who are taking on the challenge of putting into place and implementing in the days to, something that will number one protect the injured depositors, number two, treat the two -- the two troubled banks, and limit the treatment to those two banks, and therefore, rest
ready for the next hour. bill, good to see you. have a great weekend. by the way, does a bad economy bring euphoria to the walking dead? >> i think it does. >> we'll talk to the creator later. >> that would be her zombie walk there, as she moves on to the next hour of the "closing bell". >> do earnings matter or is it still about the fed? >> it seems like earnings mattered yesterday a little bit. i don't think cyprus was the reason we sold out. are they going to matter going forward? i don't think so. not for the next three months. the fed is still the major factor in this. cyprus isn't a factor yet. earnings aren't a factor. the fed has definitely cleared the -- >> it's about liquidity in this market. >> absolutely. i would like to see more liquidity as far as volume goes. you get an 85-point rally off yesterday's sell-off, small volume, not much of a factor. but cyprus will lead the day monday morning in a short week. >> all right. thank you, matt, very much. all right, we've got a market coming back a little bit. needed to be up 92 to be positive for the week. we're ten points awa
to the forefront and that's more important. the u.s. economy, china and although there is a big idea they're stealing customer's money and savings accounts is abomination, i believe it's a different european country. entered the european union in 2008, i don't think it will be as big of a deal as people think, i think it will be on the headlines for two weeks. stuart: all right, let's see what's happening on the opening bell, upside. and i'm looking for a gain of 20, 30 points for the time they're open, 10 points higher, 14,462. nicole, let's bring you in. one of your favorite stocks, we're watching it closely. yoga pants, they say they're too sheer. in other words, you can see through them. i think that the stock is way down. nicole: it is way down. it's going to hurt their bottom line. and they're talking about bringing in the pants that are sheer. that basically is like a fall for the company, you can't have pants that are sheer. i have to admit my lululemon, i noticed recently is sheer and it's no joke and you're able to bring them back in, but it's going to hurt their revenue and bot
for a retirement crisis even as the stock market sits near highs and the economy shows improvement. host: so we're getting your take on this. your retirement andization. tell us if you are and why and if you are not, why not? it's a story in the "usa today" as well this morning confidence in retirement continues to flail about this report, because americans have to cope with many immediate financial concerns retirement is taking a backseat. only 2% of workers and a% of retirees say retirement is their most pressing issues. among other worries -- host: at least many americans have a more realistic perspective about retirement says the senior vice president of retirement and investor services at the principle financial group. host: in arkansas, a democrat, are you saving? caller: yes, i save every penny i can get my hands on. host: 401-k or how are you saving? caller: c.d.'s and bank accounts that are ensured. host: why not put it in the market? caller: i can't afford to lose it. i've seen too many people lose their behinds and with what little money i've saved all my life, i can't afford to lose
go, the economy comes to lif norfolk southern. one line, infinite possibilities. david: five seconds away. s&p futures are closing let's head back to tim mulholland in the pits of the cme. what are you see, tim? >> we're closing near the highs. slow volume day. next week is the first week of the -- last weeks of the first quarter. so i think that we're looking at some regional fed manufacturing indexes, and end of the quarter. this market sits back a little, one step back, two steps forward. david: everyone wants to it is friday. everybody take a breath. tim, thanks very much. >> sure. shibani: shares of grocery conglomerate supervalu are soaring today. let's head back to the floor of the new york stock exchange and sandra smith with the latest. sandra? >> hey, david, hey, shibani. investors of supervalu the supermarket chain are breathing a fresh air as the stock is trading over 15 million shares. the basically the grocery store chain announced it closed a many could plex deal where cerberus capital management led group slimmed down the supermarket portfolio of this company. they sh
of the total economy were over 20%. in this republican fantasy land budgets are balanced with revenues at 19% of the economy, yet meeting the needs of 78 million more seniors and a infrastructure deficit that is growing as america is falling apart. clearly this is not remotely possible if we are going to enjoy anything like our current quality of life. there is a real world intersection of budget saving opportunities with potential areas of agreement. health care reform is one. but not just by shifting the burden to seniors and disabled as the republicans propose in their fantasy budget. my home state of oregon is the middle of an exciting demonstration of how to squeeze out the waste we all know is there and realign incentives. instead of the empty ritual of pretending to repeal obamacare, let's work together to accelerate reform for all americans. if the oregon experiment works, and frankly many of these efeshencies by the way are already achieved in other parts of the country and with some private health systems, we could save more than $1.2 trillion that is the flawed sequester is suppos
of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. requesa prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. >> at 22 minutes past the hour, i'm arthel neville with your fox news mine. italian president napolitano has reached out to the leader of italy's democratic party to try to form a new italian government. the eurozone's third largest economy has been politically deadlocked since no party won last month's general election. >>> president obama is in jordan, the final stop on his four-day visit to the middle east for talks with king abdullah wi
people, but the economy, that was a glimpse of the kinds of effects that you could create with a cyberattack. that is why it has our attention. >> that is why individual industries, and given the potential, had preemptive action today. >> senator, i think that this set some standards and goals. we have identified the correct relationships between commercial and private and government. .. i presume that you are seeing huge pressures as naval forces are withdrawn because of budget pressures, but also can you comment on the role of coast guard because even though it's not the jurisdiction i present a place of very large role, too. if the idb to push its in your al because that will degrade. >> i think i plan to grow on their life in that part of the world. we are ensuring that they hip and shoulder to shoulder. as you say with a secret regime, i occupy a seat that is before suitable combatant commanders. we didn't get much that we get just about zero now if sequestration stands. what that translates to his last year we get 150 to 200 tons of cocaine on the high seas, coast gu
, there will have to be budget cuts behind the sequester. the sequester will not be the end of it, but the economy is recovering. i wouldn't say in spite of what the govern am hment has done. the economy is recovering of its own natural forces now. we've had 12 years of subpar growth. we've had 12 years of up and down with little net progress in the markets and people have forgotten what a strong economy and what a bull market -- a secular bull market looks like, and i think that's generally where we're headed for the next four years, so i'm predicting, as you said, 25,000 on the dow which implies a 15% compound rate of return for the next four years. >> john, can i just come back on the important points that you're making about europe. i'm not sure it's a question of what america trades with whom. it's a question of where the companies that are quoted on this market make their profits and in technology, for example, 40% of those profits are made in europe and therefore europe arguably is more significant than you might think on the trade argument having said that. this is a very interesting week
, interest rates are extremely low right now. there's a lot of unused productive capacity in the economy. there is disagreement over whether you could continue to run the deficits. so, you know -- i don't want to say there's no disagreement. people do disagree over this, and that's the problem that washington hat right now. everyone says we have to cut, we have to cut. that's the problem with the murray budget. it goes way too far toward the republicans. if unfortunate the sharp debate that schumer is talking about, debate the progressive budget, which actually adds spending and stimulus against the ryan plan. >> we haven't cut spending, have we? seriously. can we at least try that and see whether or not all of this -- but that's not cutting spending. you're still spending the money, judd forestalling where you will make the payment. >> it's still growing. >> spending in this country is still growing. it's a contingent and sane argument to make that we need to address it from that side first. we gave you the $600 billion in new taxes, you want more, you want more spending. >> paul ryan w
, obviously the global economy would be in jeopardy and that obviously includes u.s. markets. naturally europe is one of our biggest trading partners. but for now investors don't seem to be too stressed. it is a very tiny country. it doesn't have the same impact like say france or germany. plus, we have seen a huge rally in the stock market since the start of the year. major averages up 7% to 10%. you know, it would take a lot to change that. michael. >> be half up on the day already. >> right. and of course big frustration, people can't get to their money from the banks. but then, jim, maybe you have some encouragement. any sign perhaps banks will reopen as early as tuesday perhaps? >> that can only happen if there's an agreement here to save the banks. the restructure, shutdown, whatever you want to call it. and reorganize these banks and europe says, okay, we'll allow the european central bank, think of that like the federal reserve, putting money into these banks just to keep them alive for a few more weeks. the federal reserve of the european central bank says we will shut that money off
or the kids fun run. it helps the city's economy and it is good for the city's morale. >> across the country i have seen these marathons have an opportunity to bring the community together. >> after the races the public is invited to the celebration village for live music, food, drinks, games and an award ceremony. >>> a nice day today. temperatures warmed up. temperatures across the country that aren't warm. on the east coast. ohio valley tomorrow, in that area, flight delays. for us, winds, gale warming in effect till 3:00 tomorrow. wind gusts could get up over 40 miles per hour off shore. be prepared for gusty winds. especially north. these are the temperatures for right now. 66 in antioch. 66 in fairfield. we had upper 60s and low 70s today in the warmest spots. most cities low 60s. temperatures tomorrow warm further. 69 fairfield. 67 napa. 65 morgan hill. highs tomorrow come up another 5 degrees. sunday, warmer still. saturday and sunday, warmer still. over night lows, 30s and 40s. nice looking bay area, 72 hours, we have rain in the forecast, but it is down the road, middle of next week.
economy on the verge of bankruptcy. at the meeting earlier, he was being slightly more diplomatic. >> we are here to find a solution this evening. it must the global, it must be fair. it is important that we are in a position to help cyprus handle is financial systems, which involves serious restructuring and controls. the eurozone is doing its bit with its $10 billion -- 10 billion euro loan. it must not only be global, but fair. lows not fair to hit the income savings. >> all the talking going on in brussels among all the politicians, the banking, financial leaders, people in cyprus are extremely concerned to know exactly what is going to happen to the future of their country. >> they must be watching all of this very nervously indeed. there were earlier some optimistic noises coming out of cyprus. they were saying they were making significant progress. i have not heard the word significant used here, though i have heard a college meant that progress has been made. -- an acknowledgment that progress has been made. against cyprus, it's time to pray. for many in this deeply orthodox coun
democracy. it will soon be one of the world's largest economies. its involvement in asia will be a welcomed addition. the u.s. must work with india to reduce her domestic constraints to growth and increase foreign direct investment, reducing red tape, increasing the supply of electricity, improving the tax system, strengthening the ability to enforce contracts will all live in the is ranking and spur business growth in a way that has been missing thus far. since asia's economy is largely based on global supply chains, it is absolutely critical for india to enact reforms, to liberalize its economy, to tap into this regional market. this is out in the anchors itself in the asia-pacific region, and we should do what we can to help leverage those reforms inside india. that is why i believe the administration must redouble its efforts to secure a u.s.-india bilateral investment treaty. current negotiations are proceeding far too slowly. there are important issues to resolve. it's going to take a concerted effort to make progress, but once the vat is firmly in place, the u.s. should work with ind
it has had to close, the local economies are devastated. >> reporter: so cal tran will be hold colding a ribbon cutting ceremony. the official unvailing at 11:00 this morning here at the two tunnels. it will feature lawmakers that hope to push this project along over the years. by the way it's important to point out this is not an event that is open to the public. then what will happen is after that ribbon cutting ceremony there will be last minute road reconfiguration work that crews will have to do. and later on today possibly first thing tomorrow morning the two tunnels will be open to the public to drive through. live this morning near pacifica alex savidge. >> 6:07. sal, you know we all have met kathy one of our regular tweeters. >> she is going to be very excited. she is going to report to us and let us know. >> i would be excited too. because you know it will be a lot safer to drive through there. especially in the wintertime. let's take a look we've been watching highway 101 this morning and highway 1 and highway 280 the whole thing. it is moving along very nicely if you are dr
, the local economies are devastated. >> reporter: so cal tran will be hold colding a ribbon cutting ceremony. the official unvailing at 11:00 this morning here at the two tunnels. it will feature lawmakers that hope to push this project along over the years. by the way it's important to point out this is not an event that is open to the public. then what will happen is after that ribbon cutting ceremony there will be last minute road reconfiguration work that crews will have to do. and later on today possibly first thing tomorrow morning the two tunnels will be open to the public to drive through. live this morning near pacifica alex savidge. >> 6:07. sal, you know we all have met kathy one of our regular tweeters. >> she is going to be very excited. she is going to report to us and let us know. >> i would be excited too. because you know it will be a lot safer to drive through there. especially in the wintertime. let's take a look we've been watching highway 101 this morning and highway 1 and highway 280 the whole thing. it is moving along very
of energy conclude we can safely export natural gas, this is not even about a trade off between the economy and the environment. we can do these projects, prevents these projects will stop a lot of jobs from being created, it is not going to make a development in global emissions. it making no sense to me and the economy. neil: malia. >> i just quickly top say, i understand how we like to take things and combine themm but, i do not think that the only reason why keystone project is not happening is because, barack obama asked his agency this question, to get back to original topic, what i think is really important for us to look forward and you know neil, i don't think that anyone would disagree with you that jobs are important, the problem with laser beam focus you have a society and a lot of things that need to be focused on, laser beaming becomes narrowing, i don't think that is how we' our president or anyone in congress to just have like this one bullet silver bullet solution on what will save the u.s., that is not only thing that u.s. needs right now, we not only have a jobs problem.
the letter, fearing high-tech investors who helped build the venture capital economy will flee to lower tax states. >> the game is rigged. you can't possibly win because we have the right to change the rules after the fact. that is what is not fair. >> governor jerry brown is reviewing the situation. now these taxpayers can request a waiver if you will, david, hoping that the governor, lawmakers hammer out a deal. if no not, no reprieve, taxman comes, 120 million going to the state from about 3,000 people who thought they were helping small business. david? david: it can happen here. it is happening here in california! william la jeunesse. thanks, man. >>> disney world turning some kids away at the park gates. that story when we go "off the desk" in a just a couple minutes. ♪ your finances can't manage themselves, but that doesn't mean they won't try. bring all your finances togeth with the help of the one person who can, a certified financial planner professional. cfp -- let's make a plan. ♪ [ male announcer ] help brazil reduce its overall reliance on foreign imports th the launch of
♪ ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >> it's an ipo. it's marin software. the ceo will be on the show later. what do they do? if you hire them, you're a company and they'll make sure that your profile on the internet pops up first when you do a google search. marin software just opened up 41%. now this. >> on what grounds do you-- >> because i predicted that you would not have filled out a ncaa bracket. connell: agree on that. imus: i he see in front of you-- >> what does a man know about basketball when he thinks that duke is going to win? you think that the plumly brothers, miles, mason and marshall would be my guy working for the louisville guys. and beat kansas in the final, 84-82? >> varney is reading this. connell: no he's not, no he's not. stuart: that was on imus yesterday and bracket picks. did you think i convinced anybody i know anything about basketball? >> no. stuart: i new about the plumly brothers and i went on to say i wish we could go back to the days of the fab five from michigan and tim
, that reagan laid for the incredible ground work of the economy in the 1980's and 1990's. clinton helped to some extent, ut then he created and repealed glass-steagall, and everybody blames it on george bush. the conservatives who didn't do much for the letter peace, we tried to expand under karl rove, the voting process, and giving more to hispanic community, and we didn't get one increase in vote in that eight-year period so. what makes you think that we're going to give amnesty and all the set get a bunch of votes? it's fraud, and it's another really ploy by the democratic party to keep promising and benefits to everybody who will vote for them no matter what. scommoip we're going to talk about immigration in our next segment of the "washington journal" today. but we still have about five minutes left in this segment, if you want to call in to give us your take on this growth and opportunities report that was released today, or if you think hanges in the republican debates would have helped republicans in the 2012 election. a couple of other stories to point out, the front page of the
economy. now evidence they might be tanking our economy. you remember solyndra that cost american taxpayers more than $500 million. turns out it may have a successor. >> steve: months after opening, the oregon based solar panel company, solo power, is facing layoffs, putting 250 million of our taxpayer dollars in jeopardy. apparently stuart varney, we learned nothing from solyndra. >> no, we have learned absolutely nothing. the president is now doubling down again on green energy projects. he still believes the government can pick winners in green energy and he still thinks that maybe we'll get the technology right to get green power in the future. wrong on all counts. we're so far failed with these green energy products. i think we've got a list of all the green energy project which is have really gotten into deep trouble, either bankrupt, laid people off, they've lost a ton of money. it's one after another. it's very, very long list. >> steve: what do you think it was about this particular solo power thing that the government said oh, we got to give them a bunch of dough? >> the
of micro economy or cottage industry of accessories that is really exploding. what you're seeing is tons of entrepreneurs, investors really thinking that this industry and everything around it could really be the next big growth industry. you have people that really aren't in this for any benefit other than just the financial which is different from i think what we've seen in the past. so it's really fascinating. >> lee, medical marijuana. that's been legal in 18 states but it seems as though the tipping point is this legalization of marijuana in colorado and washington last year. why was that a game changer? >> that's true. that was a breakthrough of an entirely different order. even though it was just two states, what happened there was they basically, two ballot initiatives basically made it legal for use of any kind, medical or whatever, and it also required that states would regulate and license businesses, commercial businesses to be able to sell it and to really regulate it. so basically taxed and regulated the industry. this is much more different than even what is the case in pl
. >> with a could that even mean for the economy, balancing it by 2023 would be great. but i read a piece this morning, mentioning that it would be great 'cause it would ease fears of future tax, so more companies would begin investing a bit more and consumers potentially would start consuming more as well. >> brian: by the way, senator warner and senator dick durbin cote say we need entitlement reform. before the charm offensive, you never got that. >> steve: but it's got to be significant. not just around the edges. that's where the fight comes in. meanwhile, 12 minutes after the top of the moment with the way, paul ryan will be joining us live coming up at 8:30 eastern time on your channel for news. >> straight strait from the horse's mouth. >> brian: good job. tick him off, good move. coming up straight ahead. >> steve: we are cutting our defense budget, but increasing our humanitarian missions in third world countries. where are the nation's priorities added? >> and he got $2 million of stimulus money to create green batteries. one problem, they haven't stimulated a thing. where did
's straining their economy here. there's also fear about those chemical weapons in syria, will those come across the borderer and cause more violence and chaos? when i sat down yesterday with the israeli president, shimon peres, he said king abdullah and other leaders in the arab world need to step up here to stop the violence in syria. take a listen. >> it's an arab problem, it's an arab organization and league. they have to do what the africans did in africa, organize their force under the auspices of the united nations and stop the bloodshed. >> reporter: but so far king abdullah has said he opposes any kind of foreign military intervention in syria, so we're till at a stand still in that con felix. we'll be looking -- conflict. we'll be looking for that at the news conference and, let's not forget there's pressure on president obama as well not just from republicans back home in the u.s., but also democrats like senator carl levin saying that the president should help set up a no-fly zone around syria, maybe there should be some sort of strategic surgical air strikes against president
: what does this do for oakland's economy? >> last year the economic impact was about $4 million. we expect it to be a little bit more this year. and also there is always the charity piece. number of charities are involved once again. we expect the race probably in the neighborhood of $400,000 for charity. >> reporter: you've got people coming here taking part in this race from all over the down from industry and the united states. the full marathon is the first race that will kick off here. that will happen a half hour from now at 7:30. we'll be here for that. for now we are live in oakland alex savidge ktvu channel 2 news. >> thanks. we do have more information about the race on our website just two to ktvu.com and click on hot topics. >>> secretary of state john kerry makes a surprise trip to baghdad. kerry has been meeting with the leaders with other middle eastern nations. earlier he traveled to saudi arabia and egypt. last week he accompanied president obama to egypt. this is kerry's first trip to iraq after becoming secretary of state. >>> pope francis celebrated his first pal
to eat and consume. they help the economy and take jobs from no one. you can share your tweets tith us. -- with us. focusingrom reuters, u.s. immigration detention cost. there was much controversy recently about federal officials releasing hundreds of immigrants from detention centers, ahead of the looming budget cuts. the real issue should be the u.s. taxpayer foot as the bill to retain more than 30,000 people every day. not a group of immigrants to pose little threat to public safety were transferred out of federal facilities last week. and he says that should not be the focus. instead the fact that they're being detained should be. she writes whenever the circumstances surrounding the move, the result is barter -- smarter enforcement that could save the government hundreds of thousands based on data from the president's most recent budget request. at some of the numbers here. in the meantime, we will take this call. gabriel, tampa, florida. democrat line. good morning. yes.er: host: what are your thoughts about not as violent illegal immigrants? [inaudible] host: is that adequate? d
on the annual event. >> it really brings a lot of money and it helps the economy. >> we want to do is make sure that people know that the event is happening this clear. >> reporter: the new organizers say that the large festival will be scaled back. >> we're not going to have seven stages. we'll go back to the way carnaval started. >> reporter: residents and business owners gatted at at this theater to organize, volunteer and offer to help raise money. in san francisco, rob roth, ktvu channel 2 news. >>> uc students hoping to earn degree credits online may not be able to after all. university of california faculty leaders announced their opposition to legislation that would allow public college students to earn credits online. the bill would allow students who can't get into overcrowded classes to take similar online courses from outside institutions. >>> state where sheman tom amemiano introduced legislation that would make policing cannabis laws the responsibility of california alcoholic bench control. it would provide a structure for medical cannabis cultivation, processing, testing and desc
of money and it helps the economy. >> we want to do is make sure that people know that the event is happening this clear. >> reporter: the new organizers say that the large festival will be scaled back. >> we're not going to have seven stages. we'll go back to the way carnaval started. >> reporter: residents and business owners gatted at at this theater to organize, volunteer and offer to help raise money. in san francisco, rob roth, ktvu channel 2 news. >>> uc students hoping to earn degree credits online may not be able to after all. university of california faculty leaders announced their opposition to legislation that would allow public college students to earn credits online. the bill would allow students who can't get into overcrowded classes to take similar online courses from outside institutions. >>> state where sheman tom amemiano introduced legislation that would make policing cannabis laws the responsibility of california alcoholic bench control. it would provide a structure for medical cannabis cultivation, processing, testing and description. >>> a few light showers
the u.s. economy. analysts also think he could point out that the bailout situation in cypress shows the ongoing risk of the global economic situation. >>> 7:45. a teenager in petaluma, burned last night in a fire that allegedly started while he was making drugs. police say it happened on east washington street. a 15-year-old boy is accused of starting a small fire while he was making hash oil out of marijuana. he was rushed to the hospital for treatment on burns on his face and hands. he was also given a citation to appear in juvenile court. this comes a month after fema issued an alert on hash oil explosions. the government agency says explosions at homes and hotels around the country are being traced to people using butane to get the active ingredients out of marijuana. >>> in other news, senator feinstein is angry that the gun control legislation will not include an assault ban. harry reid says this will not be part of the legislation they will debate because it doesn't have the votes to pass. senator feinstein says the issue of gun control is a personal one for her. as you know,
are participating in the economy in arizona. and we deserve to be able to, you know, use the facilities that we need. it also doesn't just recognize the basic realities of transgender lives. i'm a transgender man myself. that means i was born female. i grew up as a girl and later in life transitioned and have now lived as a man for most of my life. for most of your viewers, i'm guessing it's pretty clear what restroom i should use and it's common sense. but yet, as you say, this bill would make it a criminal act for me to actually use the men's room and i could end up in prison for six months. and yet it would be very disruptive for me to use the women's room. what restroom would you like to see me in? >> i want to see you in the men's restroom for sure. i understand a lot of this is based on your birth certificate designation. that is a hard thing to change. is there any talk of now making sort of an at birth designation? would that help things ? >> you're right. i myself still have an f for female des ig nation on high birth certificate. that's not a document we typically carry around or think abo
building. damaging his economy big time pressure on president obama at home all around the world to intervene in some way. carl levin saying saying there should be some kind of surgical air strike. maybe the president should help set up a no-fly zone around syria to pressure assad. the bottom line is the president at a news conference here yesterday said he feels like it's a situation where is he damned if he does, damned if he doesn't. take a listen. >> your question may be suggesting is why haven't we simply gone in militarily? and, you know, i think it's fair to say that the united states often finds itself in a situation where if it goes in militarily, then it's criticized for going in militarily. if it doesn't go in militarily, then people say why aren't you doing something militarily? >> now, there is also the situation i mentioned with the syrian refugees spilling into jordan here. the bottom line is that king abdullah noted that it is now so bad that there is one refugee camp here in jordan that is so large, it is now the fifth largest city in jordan. and he said that giv
it will be better. if they leave guantanamo the next place an economy red roof inn which isn't great but better than gitmo. the fact that they are doing the starving themselves thing is not good because in 2005 they tried to do that and apparently they gave them feeding tubes without seductivenessatives and jammed it down their throats and stuck it up their nose and damaged them badly there. i think they would probably rather eat than starve themselves and be forcible fed like that. >> greg: maybe there is a way to turn it into a terror museum. >> gitmo is closed. why are we talking about this? gitmo is closed. president obama said he was going to do it. it's done. that money is going towards i don't know obama phones or something. >> greg: i miss my obama phone. comment on the show e-mails. go to fox news calm slash red eye and click on submit a video and we mitt still use it to come. the halftime report from tv's andy levy. >> tonight's halftime report is sponsored by babe. >> tiger the younger versions of cats with the the black stripes. thanks, baby tigers! [ male announcer ] this is joe woods'
-buying stimulus continues to help the u.s. economy. analysts also think he could point out that the bailout situation in cypress shows the ongoing risk of the global economic situation. >>> 7:45. a teenager in petaluma, burned last night in a fire that allegedly started while he was making drugs. police say it happened on east washington street. a 15-year-old boy is accused of starting a small fire while he was making hash oil out of marijuana. he was rushed to the hospital for treatment on burns on his face and hands. he was also given a citation to appear in juvenile court. this comes a month after fema issued an alert on hash oil explosions. the government agency says explosions at homes and hotels around the country are being traced to people using butane to get the active ingredients out of marijuana. >>> in other news, senator feinstein is angry that the gun control legislation will not include an assault ban. harry reid says this will not be part of the legislation they will debate because it doesn't have the votes to pass. senator feinstein says
the recession that follows on as they try and make the economy back on track. this was done because some european countries believed to be the fins and germans and other northern european countries wanted to make sure they were not seen as bailing out rich russian who have accounts in cyprus. or indeed they now felt that people had to pay their part of the pain. but it was not done in ireland. it was not done in portugal. it was not done in greece. and with the prospect of possibility of spain and italy, you can see -- i cannot find, michael and suzanne, i cannot find one economist or banker that i've spoken to today that says this was a good idea. everybody agrees it was a pretty awful policy. >> let's bring in alison. i want you to weigh-in on the conversation here. we're looking at the u.s. markets. looks like it's down by eight points or so. what is the impact do you think in the united states? >> it's actually come back a long way, hasn't it? >> michael, it really has. you saw the knee-jerk reaction right when the bell opened the dow dropped as much as 110 points. obviously it's com
industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. 's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. gerri: if you are looking for a free checking account these days, chances are, you are probably not going to find it at your local bank, percentage of offering free, no strings attached has dropped, down 26%, will the trend continue, should you consider a credit union instead. mcbride is joining me now with details, you have a lot of great numbers here. so you do the mag, it looks like credit unions offer the better deal. >> they used to run neck-and-neck, but banks, and the availability of free chec checking has dropped. and credit union its has dropped just a hair, more than 70% of largest credit unions still offer a stand alone free checking. gerri: you can get around the bank fees if you have a big enough balance. >> if you h
and now cyprus? >> it's a little tiny island economy that it really, i mean the dow was whipsawed yesterday in this country because we're watching what happens there. all of these cracks in europe very important to the u.s. stock futures right now are up. dow futures are up 30 points. this tiny country bears watching this morning. the problem is going to sound familiar to you. if cyprus doesn't get a bailout, it could go bankrupt, exit the euro-zone and lead to financial instability at exactly the wrong time for the world economy. the plan to fix the problems there include slapping a fee on bank deposits in the country. we complain about bank fees here. this is one major bank fee. they voted this bank fee down and now a bailout of the country is in jeopardy. here's what they were thinking of. if you get a bank account with $129,000, you would have been taxed $8,700, gone. taken right out of your account just like that. the people in cyprus protested and rushed to withdraw their money. look at the protest lines at the banks. any bailout needs to come with strings attached and the r
definitely. >> reporter: which means this beautiful i the fate of the european and perhaps world economie nick schifrin, abc news, cyprus. >>> all right, statue of liberty which was shut down after hurricane sandy set to reopen in time for fourth of july. the statue itself survived the , bulad sits badly d. making it uoritor repairs should be compl summer trav >>> after a relentless final few weeks of winter, we are pleased to report that spring arrives. at 7:02 eastern time. just a few hours from now. as abc's ginger zee reports it's welcome news for the northeast after another major winter storm. >> reporter: it is like a broken en plows down. shovels out and that familiar sound. spring is just hours away yet nowhere in sight. >> so much for the groundhog, huh? i think he got that one wrong. >> it's ridiculous. we are tired of it. >> reporter: so is judy. >> i still have snow banks like this. it is not going away. we are all miserable. >> reporter: she had to close her bakery for the first time ever. thanks to the snow >> tims no bad. this year it is constant. >> i'm sick of
trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> welcome back, minding your business, stocks set for a slightly lower open. investors are nervous about pushing any higher especially as a proposed bailout for cyprus is nearing a deadline. protester hit the treats last night in cyprus. lawmakers there have come up with a plan to raise money by monday, or else the european central bank will stop providing cyprus with emergency cash. so concerns, again, about stability in europe. >>> google's eric schmidt making a rare visit to myanmar. he's pushing for a free and open internet in a country that's just now emerging from decades of military rule. internet access in myanmar very rare. only a small amount of people there, small number of people there have cell phones. the trip comes just two months after he made a controversial journey to north korea. >>> good news, fewer americans have debt. that's right. 69% of people are in debt or have debt. that's compared to 74% in 2000. a big reason why, people are laying off the credit cards. but for those
includes tax savings for the wealthy and eliminates the programs that strengthen our economy and support our middle class. i strongly urge my colleagues to vote against this amendment and ask for the yeas and nays. the presiding officer: is there a sufficient second? there appears to be. the clerk will call the roll. vote: the presiding officer: any other senators wishing to vote or change their vote? hearing none, the ayes are 18, the nays are 81. the amendment is not agreed to. without objection. there are now two minutes equally divided prior to a vote on amendment 314 offered by the senator from louisiana, ms. landrieu. ms. landrieu: mr. president? the presiding officer: the senator from louisiana. ms. landrieu: i'm happy to offer this amendment on behalf of senator chambliss, senator vitter. the presiding officer: the senate will be in order. ms. landrieu: i'm proud to offer this amendment on behalf of myself, senator chambliss, senator vitter, senator blumenthal, senator isakson, senator murphy and senator udall of new mexico that will fix a problem in the way c.b.o. is scoring the
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